Comments on: How to Waste $3.5 Million Dollars in a Year http://fantasyethos.com/2010/01/how-to-waste-35-million-dollars-in-a-year/ Fantasy Sports Culture, News, Jobs, Industry, Business, Humor Tue, 01 Jun 2010 19:54:49 -0700 hourly 1 http://wordpress.org/?v=3.0 By: Alex http://fantasyethos.com/2010/01/how-to-waste-35-million-dollars-in-a-year/comment-page-1/#comment-344 Alex Thu, 28 Jan 2010 10:45:13 +0000 http://fantasyethos.com/?p=691#comment-344 You forgot Playspex - another fantasy baseball/stockmarket game that failed. One Season was, by far, the worst concept out of the bunch though. It actually had no 'fantasy' component, since there was nothing to tie player price to performance - there was no reason at all that Alex Rodriguez would end up being worth more than Angel Pagan. Charles River Ventures is clearly clueless, because I exchanged two emails with he founder of One Season, and it was clear that he knows nothing about how hedge funds work, which was supposed to be what his background was. How they wasted $3.5m on this is beyond me. Totally agree with you about keeping spending low and having a 5-10 year timeframe. Almost all of these games fail to meet their growth goals, and that's the beginning of the end - spending on support and development is cut back, prizes are reduced, and eventually many of them close. You forgot Playspex – another fantasy baseball/stockmarket game that failed. One Season was, by far, the worst concept out of the bunch though. It actually had no ‘fantasy’ component, since there was nothing to tie player price to performance – there was no reason at all that Alex Rodriguez would end up being worth more than Angel Pagan. Charles River Ventures is clearly clueless, because I exchanged two emails with he founder of One Season, and it was clear that he knows nothing about how hedge funds work, which was supposed to be what his background was. How they wasted $3.5m on this is beyond me.

Totally agree with you about keeping spending low and having a 5-10 year timeframe. Almost all of these games fail to meet their growth goals, and that’s the beginning of the end – spending on support and development is cut back, prizes are reduced, and eventually many of them close.

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